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Posts under ‘Peter Voser’

BP and Shell fight over African oil find

Italian search for partner to drill massive field off Mozambique attracts biggest energy players Mark Leftly: SUNDAY 18 MARCH 2012 BP and Royal Dutch Shell are looking at a $4bn (£2.5bn) stake in a gas field in Mozambique, a sale that would confirm East Africa as the hottest growth area in world energy. Eni, the [...]

Cash flows and oil spills for Shell’s directors

The CEO of the Royal Dutch Shell oil company Peter Voser earned more than $16.3 million last year amid surging oil prices, though the company was responsible for more than 200 spills last year. 16 March 2012 The CEO of the Royal Dutch Shell oil company Peter Voser earned more than $16.3 million last year [...]

Shell bosses cash in with shares plan sharing £54.5m between 19 senior staff

By Rob Davies PUBLISHED: 22:18, 15 March 2012 | UPDATED: 22:18, 15 March 2012 Shell’s top brass doubled their money in 2011 as the firm’s performance triggered generous share awards under an incentive scheme that has since been scrapped. Nineteen senior staff shared £54.5m compared to £26.9m last year, while they also picked up pension [...]

Gazprom and Shell discuss further joint efforts in Russia and abroad

03/16/2012 | 02:43am The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Peter Voser, Chief Executive Officer of Royal Dutch Shell. The parties discussed the joint efforts within the Protocol on Strategic Global Cooperation. Special attention was paid to the interaction within the Sakhalin II project and possible cooperation deepening in geological [...]

Shell’s Labor Costs Rose In 2011 Despite Fewer Workers

Published March 15, 2012: Dow Jones Newswires LONDON –  The cost of Royal Dutch Shell PLC’s global work force rose 2.8% last year, even though the Anglo-Dutch company reduced its overall number of employees by some 7.2% as the company continues to roll out a long-term plan to shrink headcount. In recent years, Shell has [...]

£10.1m is Shell of a pay packet for oil giant’s boss

By STEVE HAWKES, Business Editor Published: Today at 13:41 THE BOSS of SHELL trousered £10.1million last year – and didn’t spend a penny on petrol. The oil giant’s annual report today revealed chief executive Peter Voser made a fortune in bonuses and long-term share awards. Benefits included “company provided transport for home-to-office commuting”. It came [...]

Pay of Shell chief more than doubles

FINANCIAL TIMES By Sylvia Pfeifer March 15, 2012 6:00 pm Peter Voser, chief executive of Royal Dutch Shell, Europe’s largest oil and gas company by market capitalisation, took home €11.7m last year, more than double his pay in the previous 12 months… Shell also disclosed that Malcolm Brinded, who will step down as head of [...]

PIGS AT THE TROUGH: PETER, MALCOLM AND SIMON

Shell admits 207 oil spills in 2011

Anglo-Dutch group is still investigating a further four spills in Nigeria that it admits may raise the 2011 total Terry Macalister guardian.co.uk, Thursday 15 March 2012 14.17 GMT Shell has revealed that its global oil spill record got worse over the last year with 207 sizeable incidents in 2011. The revelations in the company’s annual [...]

Shell CEO Voser’s Compensation More Than Doubles on Awards

By Fred Pals on March 15, 2012 Royal Dutch Shell Plc (RDSA) Chief Executive Officer Peter Voser’s compensation more than doubled to 11.7 million euros ($15.3 million) in 2011 from the previous year after long-term incentive bonuses and awards were vested. Voser’s total compensation included 6.5 million euros in awards that form part of Shell’s [...]

Shell management see pay double to $86m

Directors and senior management at Anglo/Dutch oil giant Royal Dutch Shell saw their total pay ore than double in 2011 to $85.7m (£54.7m). By Jonathan Russell, Assistant City Editor: 11:44AM GMT 15 Mar 2012 The company put the jump down to the “high performance gearing” in its remuneration package. Total pay jumped from $42.3m to [...]

Shell chief’s pay soars to £10m ($15.6 million)

Russell Lynch 15 March 2012 Royal Dutch Shell chief executive Peter Voser saw his total pay packet more than double in 2011, a year when shareholders in the oil super-major had to make do with flat dividend payouts. The blue-chip’s annual report showed Voser’s total compensation last year hit €11.6 million (£10.1 million), boosted by [...]

An earful from Peter Voser

I caught up with Peter Voser, the chief executive of Royal Dutch Shell, this week at the IHS Cera annual energy conference in Houston, and he gave me an earful… March 9, 2012, 4:00 pm For a Shell Executive, Much Head-Scratching By CLIFFORD KRAUSS Europe is generally considered greener than the United States, but its [...]

Shell CEO claims Alaska drilling could create 50,000 U.S. jobs

Published: Thursday, 8 Mar 2012 | 1:12 PM ET By: Patti Domm CNBC Executive News Editor Shell Oil CEO Peter Voser said his company will begin drilling the North Slope of Alaska this summer and the resulting job creation should be significant. “We have calculated that and over the lifecycle of that project, we could [...]

Shell to stop purchasing oil from Iran in weeks, ahead of July deadline

By Associated Press, Updated: Thursday, March 8, 10:33 AM AMSTERDAM — Royal Dutch Shell PLC says it will stop buying oil from Iran within several weeks, ahead of a July deadline imposed by the European Union. A spokesman for the company Thursday confirmed remarks made by Chief Executive Peter Voser at a conference in Houston on March [...]